PLP has pre-let a 71,800 sq ft warehouse to food brand Huel at PLP Milton Keynes (PLP MK).
The unit is one of 10 being delivered in phase one at the 135-acre PLP MK, totalling 1.06m sq ft. Units one to five – totalling 920,800 sq ft – are already complete, with the final units due to complete later this month.
The units are being built in accordance with the UK Green Building Council’s (UKGBC) Carbon Net Zero standard.
Edward Jackson, development director at PLP, said: “We’re very proud of PLP MK. It’s everything a modern, forward thinking industrial and logistics park should be and we’re delighted to welcome Huel. For PLP MK to be an integral part of Huel’s ambitious growth strategy is an endorsement of the PLP MK’s uncompromised specification, design, working environment and ESG credentials. We look forward to seeing them flourish.”
Richard Saul, Ivanhoe Cambridge UK head of asset management, added: “This first lease reinforces our commitment to this development, and we look forward to closing more leases imminently. Growth phase, ESG-focused clients like Huel demand best in class space and we are delighted to work alongside PLP to deliver this.”
Kirkby Diamond advised PLP and Knight Frank acted for Huel.
